I was wondering what common Prop Manager agreements are for.  I just found an apartment in a new area and the Prop manager wanted to have a one year term with automatic renewal for double the term.  Is that standard?A...

Hi Everyone!I'm looking to do my first investment deal on a 4plex in Northern California. I need a bit of help from the BP community as there is a bit of trickiness in the deal.There are two 4-plexes on two parcels ri...

Great forum discussions here.... I read several relevant threads but my question focuses on how to split between land and building value in a high rise condo for depreciation purposes.

I purchased the condo 10 years ...

Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...

What are the benefits - and pains - of landlords renting out a property individually by room (not as Airbnb)?

So my dad is getting married again. He has a pre-existing property before the marriage, and planning to do a transfer on death (TOD) deed to put the property in my name as the beneficiary. However, would the new marri...

Hi everyone.

I hope you are staying safe and healthy during this time.

I currently self manage my family's residential multi-family portfolio in New Jersey.  We have never charged back to the tenants the sewer u...

My HOA is requiring any lock installed on my door must conform to the Master key system for the property. Is this legal?

I am looking to purchase a quad in Georgia. I was reviewing the P&L report and found $1400/yr for water/sewer charges.  Is this common among multi unit properties. I currently owner rental homes and now looking to...

Hi everyone, Brand new to the forums, thanks for taking the time to read. I am a Canadian on the West Coast, looking into the possibility of buying in Rochester or Cleveland with a 30-40k budget. I would like to put d...